Stay informed with the latest business and economy news from Cyprus and around the globe. This section covers key developments in finance, energy, tourism, technology, entrepreneurship and the corporate sector.
Oil prices climbed about 3 per cent on Tuesday after Iran fired a salvo of ballistic missiles at Israel in retaliation for Israel’s campaign against Tehran’s Hezbollah allies in ...
Oil prices rose on Monday on fears of a widening conflict in the Middle East curtailing Iranian crude supply, but prices were headed for a third straight monthly loss because ...
In the year 2020-2021, the value of Ethereum (ETH) moved too far from $200 to the highest-ever price of $4,800. The price movement enhanced and protected the position of Ethereum as the ...
Demand for a 10 per cent stake sale in Greece’s National Bank (NBG) by the country’s bank bailout fund was oversubscribed by six times on Monday, in the first ...
Japanese telecom company SoftBank’s Vision Fund will invest $500 million in OpenAI’s latest funding round, The Information reported on Monday, citing a person familiar with the deal.
SoftBank declined ...
The need for diverse voices in science, technology, engineering, and mathematics (STEM) has never been more critical, particularly as the world becomes increasingly reliant on technology. Moreover, Tanya Romanyukha, the ...
Audio streaming platform Spotify was back up after an approximate three-hour-long outage on Sunday, which at its peak impacted more than 40,000 users in the United States, according to Downdetector.com.
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Tourism in Cyprus remains an important part of the economy, but Deputy Minister of Tourism Costas Koumis warns against complacency.
During an event celebrating World Tourism Day 2024 on Friday, in ...
With 2025 less than 4 months away, the quest for the next Toncoin (TON) exceptional cryptocurrency and the new Rexas Finance (RXS) token has commenced. Dual-purpose tokens have been popular with both ...
Empowering female innovators in the technology sector
The need for diverse voices in science, technology, engineering, and mathematics (STEM) has never been more critical, particularly as the world becomes increasingly ...
Traders and investors comprehending the intricacies of the stock market require crucial tools to navigate efficiently. In such scenarios, the option chain emerges as a valuable assistant.
These visual representations ...
As we approach the last quarter of the year 2024, we note that activity in the cryptocurrency market has increased dramatically. The latest policy inflection point of the Federal Reserve opened ...
Rexas Finance (RXS) has particularly emerged as a blockchain platform that is set to revolutionize the cryptocurrency space. At the same time, Rexas is concentrating on Real World Asset (RWA) ...
The introduction of the notary, who is an officer of preventive administration of justice, in Cyprus, as it exists in Germany and other countries, will solve several problems that constantly ...
The European Researchers’ Night, under the motto “Mission Possible,” drew thousands of visitors to the Cyprus state fair on September 27, offering an insight into research, innovation, and science.
Organised by ...
IT services firm Accenture has unveiled a $4.0 billion share buyback and reported better-than-expected fourth-quarter revenue thanks to demand from companies looking to adopt generative artificial intelligence technology.
Shares of the ...
Global cybersecurity spending reached a total of $21.1 billion in the second quarter of 2024, representing a year-on-year growth of 9.9 per cent.
Despite ongoing macroeconomic uncertainty, including political disruptions from elections and ...
Constellation Energy (CEG.O) and Microsoft (MSFT.O) plan to restart the Three Mile Island nuclear plant, hoping they have scored a quick source of enough climate-friendly energy to power ...
Alphabet’s (GOOGL.O) Google is providing key capabilities for an artificial intelligence assistant for Volkswagen (VOWG_p.DE) drivers in a smartphone app, part of Google’s strategy to ...
Russia’s southern republic of Dagestan has called for tougher measures against power-hungry cryptocurrency miners who local officials said were causing electricity outages and seeking to evade the law by ...
Here are the top business stories in Cyprus from the week starting September 23:
On Monday, Stella Ioannidou, a financial market infrastructures and payments expert at the Central Bank of Cyprus (...
US companies that rely on East and Gulf Coast seaports have been importing early, shifting goods to the West Coast, and even putting cargo on pricey flights to hedge against ...
The Biden administration’s proposed ban on Chinese connected-car technology could prove its strongest weapon yet to fend off an onslaught of cheap Chinese electric vehicles that has upended the ...
Mergers could allow banks to become more resilient to shocks and to operate more efficiently and would benefit the European Union economy, according to the European Commission.
The EU’s ...